For Auction

Shreveport Gardens

235 E Stoner Ave,
Shreveport, LA 71101
Represented by
Stirling Investment Advisors

Asset Snapshot

Real Estate
Asset Type
Multifamily
Property Type
2002
Year Built
1
Floor Count
5
Building Count
81
Parking Spots
1.00 Acres
Land Area
40 Units
Unit Count
800 SF
Average Unit Size
32,000 SF
Property Size
97.5%
Occupancy
Occupancy As Of

Offering Summary

Shreveport Gardens Apartments

Property Tours are being scheduled for September 25th and October 9th. 

Please contact Stirling Investment Advisors team to schedule your tour.  

Stirling Investment Advisors, in conjunction with RealINSIGHT Marketplace, are pleased to present this investment opportunity located in Shreveport Louisiana Multifamily market. Shreveport Gardens (the “Property”) is a 40 unit, 55 and older apartment community centrally located in Shreveport, LA.  Just blocks away from Shreveport’s Overton Brooks VA Medical Center, Shreveport Gardens has convenient proximity to the hospital and thus is a major advantage for the 55 and older elderly community tenant base.

Shreveport Gardens was constructed in 2002, and its 40 units are distributed within five buildings on the property with a NRA of 32,000 SF. There is a potential opportunity to transition units from tax credit to market rate as tenants move out.   A LURA is available for review in the Due Diligence vault and interested investors should contact the Louisiana Housing Corporation (LHC) for more information.

Due Diligence

Transaction Manager

Cooperating Broker Fee

Eligible brokers may receive a 2.50% fee when representing the winning bidder.

Learn more in the FAQs

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: 1983
Co: AB-424

Need Help?

Your transaction managers are your first point of contact for any auction or process questions. For additional support:

Closed

This asset was part of the October 16th, 2019 auction event, resulting in a successful transaction that closed in just 32 days.
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Investment Sales Brokers

Ben Graham
Stirling Investment Advisors
LA License: 0000038621
Saban Sellers
Stirling Investment Advisors
LA License: 0995692054
Chad Rigby
Stirling Investment Advisors
LA License: 0995692791

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.